07/10/2020
HMRC reports £31bn in unpaid tax
It blames evaders, but businesses and individuals responsible for most of the missing cash
07/10/2020
It blames evaders, but businesses and individuals responsible for most of the missing cash
07/10/2020
The regulations for funds follow the introduction of a Central Register of Beneficial Ownership (CRBO) for companies last year, with this register overseen by the Companies Registration Office.
07/10/2020
Committee members reaffirmed their expectation of full, timely and consistent implementation of all elements of these reforms and the Committee will continue to closely monitor their implementation.
07/10/2020
The report includes insights on remaining challenges to transition based on surveys undertaken by the FSB, the BCBS and the International Association of Insurance Supervisors (IAIS).
07/10/2020
The FCA hopes to conduct a full consultation later in 2020/21 on changes to its approach document, which is likely to propose incorporating this additional guidance.
07/10/2020
Over the past year, total net asset values have increased by £16.4 billion (7.6%).
07/10/2020
Conversely, creating an even stronger fortress Switzerland would also send a message about strategic and geopolitical priorities.
07/10/2020
That is, at least until enabling legislation is passed to rectify the position. We also analyse the latest guidance on recoverability of overseas lawyers' costs, including a determination that the fees of in-house counsel can be recovered.
07/10/2020
Today’s announcement of “serious audit failings” by Deloitte in its work for Autonomy caps a dramatic week for accountancy firms and those calling for radical change in UK auditor oversight.
07/10/2020
"Above all else, keeping to the original deadline will give you some small peace of mind that your responsibilities in this area have been met.
07/09/2020
But a group of disgruntled investors felt justice had not been served and the court in The Hague had said it would take their demands into consideration.
07/09/2020
According to the FATF’s report, 32 jurisdictions that it surveyed have imposed anti-money laundering and countering the financing of terrorism regulation on the virtual asset sector.
07/09/2020
We will keep this guidance under review and, where appropriate, consult to update this to ensure it remains consistent with relevant international standards.
07/09/2020
The CMA has taken action against Cardif Pinnacle, and written to Nationwide and Lloyds, after they failed to provide accurate annual PPI reminders.
07/09/2020
The IFSB will continue to assess the implications of the pandemic on Islamic banking, Islamic capital markets and Takaful, and will issue further public statements where necessary.
07/09/2020
Insurance manufacturers are asked to identify products whose main features, risk coverage or guarantees have been materially affected by the COVID-19 pandemic.
07/08/2020
First Enforcement Action by a Regulator Against a Financial Institution for Dealings with Jeffrey Epstein
07/08/2020
The report finds that, overall, both the public and private sectors have made progress in implementing the revised FATF Standards
07/08/2020
The 2020 Regulations also amend the definition of “beneficial owner” in relation to Unit Trusts including to clarify that there will be a “greater than 25 per cent” threshold when determining whether a unitholder is deemed to be a
07/08/2020
The company provides distinct automated investment products for private banks and wealth managers.